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Canada vs Liberia: tax rates compared

Canada's income tax rate is 28.5pp higher than Liberia's (53.5% vs 25%). The 200-country average is 28%: Canada sits above it, Liberia sits below it. Canada's figure is dated 2025-01-01 and Liberia's 2026-01-14, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%53.5%Corporate25%26%Capital Gains25%27.4%Wealth Tax0%
four shared taxes, side by side
Tax CA LRDifference
Income Tax53.5%25%CA +28.5 pplargest gap
Corporate Tax26%25%CA +1 pp
Capital Gains Tax27.4%25%CA +2.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Liberia25%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14
Difference+28.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Liberia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppCanada higher

Canada's corporate tax rate is 1pp higher than Liberia's (26% vs 25%). The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Canada27.4%Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12
Liberia25%Source: PWC Worldwide Tax Summaries — Republic of Liberia (Individual, Taxes on personal income) · as of 2026-01-14
Difference+2.4 ppCanada higher

Canada's capital gains tax rate is 2.4pp higher than Liberia's (27.4% vs 25%). The 175-country average is 10.3%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Liberia0%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

Canada's wealth tax rate is identical to Liberia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT, Crypto Tax.